Cops nab alleged church thief in sting
Police lay in wait outside a church in the hopes of capturing a man accused of making off with the parish’s weekly donations.
National Australia Bank
IR, tax reform kicked down road
The PM was confident about the economy at Friday’s conference.
ASX ends up on miners; falls 0.3pc for week
Bourse slips for a third week as CBA warns of a 50/50 recession chance. ANZ, Macquarie, NAB and CBA pass on RBA rate hike. Suncorp rebuffs ACCC concerns.
NAB’s recruitment plan for its employees’ kids
NAB has set its recruitment sights on the talented children of its current workforce by introducing a ‘paid’ work experience program.
ASX drops; Joyce dumps $17m in Qantas shares
Bourse in $30bn wipeout after RBA rate rise. Qantas dives as Alan Joyce sells almost all his shares in the airline. Westpac increases loan rates. ASX Ltd sees worst day since GFC.
Chalmers: RBA needs to explain latest rate hike
Westpac has moved to pass on the full interest rate rise, as Jim Chalmers says the decision to raise rates will be ‘difficult to cop’ for many households.
Banks linked to possible illegal deforestation
NAB, CBA and Rabobank are seen as the top three financiers of landowners linked to potentially illegal deforestation in Queensland, exposing them to nature-related risks, according to a new report.
Too close for comfort on tax advisory board
PwC’s sacked partner Peter Collins and Tax Practitioners Board CEO secretary Michael O’Neill were once part of the same tax advisory group. Expect the Senate committee to have a field day.
CBA defends higher deposit rates on new business
Chief executive Matt Comyn has justified the banking major’s strategy as a way of dislodging business customers from rival NAB.
Work from home? Don’t bank on it with CBA
The bank has issued ‘new expectations’ for employees about how many days they must attend the office, joining NAB at the coal face of ending full-time work from home.
Major bank’s fresh blow to homebuyers
Families looking to find their first home have faced another setback, with one banking giant making an unpopular move.
ASX ends flat; BHP, Qantas falls offset tech gains
BHP pulls materials lower. St Barbara rejects Silver Lake bid. BrainChip dives amid first strike. Qantas warns of moderating airfares. Technology One ups dividend.
NAB sees signs of economic stress
NAB business bank boss Andrew Irvine has warned of growing stress in parts of the national economy as shoppers pull back from discretionary spending.
Rising unemployment changes everything
From working from home to the pace of wage rises, this time a lift in jobless numbers will be felt more broadly.
Hurry up and hike: NAB boss says more rate rises coming
NAB chief Ross McEwan predicts one or two more cash rate rises and says the RBA needs to get to the top of the cycle soon so people ‘know where their money is going’.
ASX up 0.5pc on US budget hopes; tech soars
Stocks finish up 0.5 per cent on US budget hopes. Unemployment rate jumps to 3.7 per cent. China lifts Australian timber ban. Xero, Nufarm and AACo find strong support.
Burney blasts ‘misleading’ No campaign
The credibility of the No campaign has been undermined after tweets by Warren Mundine and Jacinta Nampijinpa Price were deemed false, Linda Burney says.
ASX up 0.1pc; property, materials gain
The sharemarket closed slightly higher, supported by property and materials as financial stocks fell. InvoCare soared after TPG Capital’s revised $1.9bn bid. Elders dived after its profit warning.
End of the road for major mortgage perk
Intense home loan competition is cooling with major bank NAB following lender CBA’s lead in doing away with cashback offers to lure new customers.
ASX ends losing streak; Lake, News Corp rally
Lake Resources ends market leader. News Corp rallies on result. Gold miners fall on recession concerns. QBE drops despite improved outlook. IGO sells Mincor stake to Wyloo.
ASX rises; Lynas soars, oil stocks up before budget
Energy and miners push ASX to biggest one-day gain in four weeks. Westpac jumps on $4bn profit. Lynas get Malaysia extension. Humm names new CEO. Iron ore below $US100.
Final big bank announces hike
Aussie homeowners are in for pain as the final major bank hikes interest rates yet again.
ASX ends three-day fall
ASX ends a three-day fall as Apple lifts US futures and ANZ rise 1.5 per cent after a weak start after reporting. Qantas CEO-elect Vanessa Hudson’s pay revealed. Rio’s ‘hard choices’ on climate. ANZ CEO says banks not immune from US contagion.
Australian banks face fallout from US turmoil
NAB chief Ross McEwan says the severe ructions in the US banking market this year will see banks here grapple with higher funding costs, given contagion risks remain elevated.
Stress rising but nowhere near 2019 levels: McEwan
NAB chief Ross McEwan says an increasing number of businesses are enduring periods of stress, particularly in sectors exposed to a slowdown in the economy and demand.
NAB fears 40pc of Covid-era borrowers in strife
Handing down an interim $4.07bn cash profit, NAB chief Ross McEwan said two in five of those who borrowed in the three years to July 2022 could be in trouble.
More banks hike up interest rates
Three of the four big banks have now changed their interest rates for mortgage holders and some saving accounts.
Reality bites as bank boom splutters out
The furious battle to win over borrowers looking to refinance loans is now spilling over to the deposit market.
Developers slow on projects as funding squeeze tightens
A wave of construction collapses and tough conditions means that few projects are getting started.
ASX ends flat after rebound; financials hit
The sharemarket has closed flat after recovering, as US futures gains. Most sectors closed in the black, offsetting falls across the financial sector, led by NAB. Westpac joins ANZ and NAB to hike rates after RBA’s 11th move.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank/page/12